{"id":393941,"date":"2010-03-05T14:49:48","date_gmt":"2010-03-05T19:49:48","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/03\/05\/frank-suggests-he-might-kill-financial-overhaul-if-its-too-watered-down\/"},"modified":"2010-03-05T14:49:48","modified_gmt":"2010-03-05T19:49:48","slug":"frank-suggests-he-%e2%80%98might%e2%80%99-kill-financial-overhaul-if-it%e2%80%99s-too-watered-down","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/393941","title":{"rendered":"Frank Suggests He \u2018Might\u2019 Kill Financial Overhaul if It\u2019s Too Watered Down"},"content":{"rendered":"

House Financial Services Committee<\/strong> Chairman Barney Frank<\/strong> (D., Mass.) suggested on Friday he might kill the financial regulatory overhaul moving through Congress if efforts to create new consumer financial protection powers aren\u0092t tough enough on Bloomberg Television\u0092s \u0093Political Capital With Al Hunt<\/strong>.\u0094<\/p>\n

Mr. Hunt asked Mr. Frank if he might \u0093kill the whole thing and start over again\u0094 if the \u0093consumer agency doesn\u0092t end up the way you want.\u0094<\/p>\n

\u0093Oh, I might,\u0094 Mr. Frank responded. \u0093It depends.\u0094<\/p>\n

Mr. Frank passed a bill through the House of Representatives in December that would create a new Consumer Financial Protection Agency to write and enforce new financial product rules. Senate lawmakers are looking to create a new consumer protection \u0093watchdog,\u0094 likely within an existing agency. Mr. Frank has said he wouldn\u0092t support the creation of such a watchdog within the Federal Reserve, which is what some Senators are leaning towards doing.<\/p>\n

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House Financial Services Committee Chairman Barney Frank (D., Mass.) suggested on Friday he might kill the financial regulatory overhaul moving through Congress if efforts to create new consumer financial protection powers aren\u0092t tough enough on Bloomberg Television\u0092s \u0093Political Capital With Al Hunt.\u0094 Mr. Hunt asked Mr. Frank if he might \u0093kill the whole thing and […]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-393941","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/393941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=393941"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/393941\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=393941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=393941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=393941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}